Tuesday, 17 February 2009

Take care!

I realised how "untimely" my blog is. Since my last update, i have to cut loss on Raffles Education :( and also took a small profit in Midas. In addition, i have shorted Cosco at 86 and Noble at 120 on Monday.

The Straits Times Index looked really ugly to me and i believe it will retest the 1,500 levels in the coming days. Take care and if you are still a "long-only" investors, you may want to learn how to long "STI put warrants" to protect your stock portfolio.

1 comment:

Fergus said...

Soon, we can use ES contracts to short sell too.

Let's hope SGX doesn't screw up with this product though..

It took almost 2-3 years for market acceptance of structured warrants. Let's see how on this one..

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